Donald Trump’s family is reportedly eyeing acquiring a stake in the US arm of the crypto exchange Binance. This comes as the exchange’s founder is allegedly seeking a pardon for his guilty plea in 2023, which led to his imprisonment.
Trump’s Family Eyes Stake In Binance US
According to a WSJ report, US President Donald Trump’s family representatives have held talks to acquire a stake in Binance’s US arm. This comes just after the top crypto exchange announced that Abu Dhabi-based MGX had invested $2 billion in the exchange to acquire a minority stake.
Meanwhile, the WSJ report also revealed that the exchange’s founder Changpeng “CZ” Zhao is also pushing for Trump’s administration to grant him a pardon. Last year, CZ served a four-month sentence after he and Binance US pleaded guilty to anti-money laundering violations.
The post Breaking: Trump Family Eyes Stake In Binance US As CZ Seeks Pardon appeared first on CoinGape.
